What is a CEO responsible for? According to Stever Robbins, everything. But ultimately, the success and failure of the company. But while the CEO has this very important role it doesn’t mean that he or she has to do everything. Robbins suggests that the CEO’s core duties are setting strategy and vision, building culture, team building and capital allocation – setting the budgets and managing the company’s capital.
Underlying these core duties is the responsibility to protect the things that are most important to the success of the business: in most cases this will be the safety of its people, the organisation’s reputation and its ability to produce products and provide services. External and internal events have the potential to cause harm to people, reputation and products at the same time. It’s critical for a CEO to build a culture that is supported by the best resilience and incident management structures.